PSEi rises on bargain hunting, ahead of key data release
PSEi closing, August 4, 2025
MANILA, Philippines – Traders hunting for cheap stocks lifted the bourse on Monday following last week’s sell-off.
By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) had climbed by 0.67 percent, or 42.52 points, to close at 6,348.65.
Likewise, the broader All Shares Index added 0.4 percent, or 14.93 points, to end at 3,766.60.
A total of 797.02 million shares worth P5.2 billion changed hands, stock exchange data showed.
Luis Limlingan, head of sales at stock brokerage house Regina Capital Development Corp., said the PSEi recovered mainly due to bargain hunting, with traders picking up stocks that were sold off last week.
This also comes ahead of key data releases, including July inflation on Tuesday and second-quarter gross domestic product on Thursday.
Property firms staged the steepest comeback as SM Prime Holdings Inc. rallied by 3 percent to P24 each after disclosing record-high first-semester earnings. Ayala Land Inc. also surged by 5.56 percent to P26.60 per share.
Top-traded stock DigiPlus Interactive Corp. tumbled by 12.45 percent to P23.90, followed by BDO Unibank Inc., flat at P143; International Container Terminal Services Inc., also flat at P455; SM Investments Corp., down 1.56 percent to P821; and Bank of the Philippine Islands, up 3.57 percent to P124.80.
Others were LT Group Inc., down 0.46 percent to P12.94; Ayala Corp., up 1.02 percent to P596; and Manila Water Co. Inc., up 1.08 percent to P37.35 per share.
Gainers edged out losers, 100 to 91, while 61 companies closed flat, stock exchange data also showed.
